HOBBS-TEXAS -B-
HOBBS-TEXAS -B- is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Brown, Toss H. It has 26 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 182,728 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $562K, with roughly $108K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 119 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was January 2025, at 337 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about HOBBS-TEXAS -B-
- Who operates HOBBS-TEXAS -B-?
- HOBBS-TEXAS -B- is operated by Brown, Toss H., Railroad Commission of Texas operator number 102580.
- Where is HOBBS-TEXAS -B-?
- HOBBS-TEXAS -B- is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 17236.
- Is HOBBS-TEXAS -B- still producing?
- HOBBS-TEXAS -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOBBS-TEXAS -B- is August 2026.
- How much has HOBBS-TEXAS -B- produced?
- HOBBS-TEXAS -B- has reported 182,728 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 26 wellbores.
- How much is HOBBS-TEXAS -B- worth?
- The remaining production from HOBBS-TEXAS -B- is estimated to be worth about $562K in total as of 26 August 2026, within a range of $439K to $686K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOBBS-TEXAS -B- is a fraction of it. The estimate fits an Arps decline curve to the production HOBBS-TEXAS -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOBBS-TEXAS -B- is an estimate of value, not an offer and not an appraisal.
- How much income does HOBBS-TEXAS -B- generate in a year?
- HOBBS-TEXAS -B- is forecast to net about $108K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOBBS-TEXAS -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brown, Toss H. |
|---|---|
| Field | Wichita County Regular |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 17236 |
| Wellbores | 26 |
| Reported production | 182,728 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $562K |
Where HOBBS-TEXAS -B- sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.